Electronic Tele-Communications, Inc. (ETC) today reported its fourth quarter
2014 results. Sales for the quarter were $256,165 compared to $431,846 for the
2013 fourth quarter. The net loss for the quarter was $51,678 or $0.02 per Class
A common share, compared to net earnings of $35,696 or $0.01 per Class A common
share for the fourth quarter of 2013.

Sales for the 2014 year were $1,476,748 compared to 2013 sales of $1,715,142.
The net loss for 2014 was $97,135 or $0.04 per Class A common share, compared to
earnings of $147,511 or $0.06 per Class A common share for 2013.

Commenting on the results, ETC President Dean Danner said, “2014 was a
disappointing year for ETC. Sales lagged 2013 and resulted in a loss for the
year after 3 years of positive earnings. In spite of the loss, ETC was able to
maintain the general level of our back rent due to an affiliate which continues
as our primary liability. Our public telephone network markets stabilized early
in the year but slowed significantly as the year progressed. At the same time
our government market also slowed down as the mid-term elections brought in
congressional change and budget uncertainty. As we enter 2015 we do not expect
improvement in either the government market or the public telephone market in
the near term. We anticipate a tough 2015 year in both sales and earnings and
are taking steps to reduce expenses including but not limited to employment
expenses.”

Danner continued, “In June 2015 I will turn 65 and intend to step down as
President of ETC. This is not a recent decision, but one that has been planned
for many years. At the next Board of Director’s meeting in May, Elizabeth Danner
will be nominated to become President of ETC effective July 1, 2015. I will be
nominated to become Chairman of the Board and will assume a part time
consultant’s role with the Company. ETC is a great Company with wonderful people
working for it. I look forward to the future of ETC under Elizabeth’s guidance.”

Electronic Tele-Communications supplies voice announcers and
Voice Application Platforms to domestic and foreign telephone utilities under
the Audichron® and Digicept® brand names. ETC also supports a network of Time
Weather and Temperature systems installed throughout the United States. ETC's
equipment provides a wide range of audio information and call handling services
via telephone networks, computer networks, and the Internet.

From time to time, information provided by ETC, statements
made by its employees, and information included in its press releases and other
public statements which are not historical facts are forward-looking in nature
and relate to trends and events that may affect our future financial position
and operating results. Forward-looking statements are not guarantees of future
performance and involve a number of risks and uncertainties including, but not
limited to: business conditions in the telecommunications industry, the adverse
effects of the recent worldwide recession and the timing and strength of a
subsequent recovery, the Company’s ability to achieve adequate sales levels or
sufficient cash flow or cash reserves to support operations, technology changes,
backlog, status of the economy, government regulations, sources of supply,
expense structure, product mix, major customers, competition, litigation, and
other risk factors. Investors are encouraged to consider these risks and
uncertainties, which may cause the Company’s actual future results to be
materially different than those expected in its forward-looking statements. ETC
does not undertake to update its forward-looking statements.